SIMONSEN A/S

CVR number: 12646372
Møgelvangs Plads 7, 7900 Nykøbing M
tel: 96691301

Credit rating

Company information

Official name
SIMONSEN A/S
Personnel
19 persons
Established
1988
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SIMONSEN A/S

SIMONSEN A/S (CVR number: 12646372) is a company from MORSØ. The company reported a net sales of 316.2 mDKK in 2023, demonstrating a decline of -3.8 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 31.3 mDKK), while net earnings were 24.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 38.8 %, which can be considered excellent and Return on Equity (ROE) was 60.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SIMONSEN A/S's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales263.52225.67243.26328.69316.16
Gross profit31.5328.2027.7745.4153.24
EBIT13.8711.8812.2926.5231.28
Net earnings10.839.199.4921.2124.34
Shareholders equity total22.9226.1126.6039.8040.17
Balance sheet total (assets)61.6261.1267.2281.3585.24
Net debt-8.98-14.04-5.38-15.67-24.54
Profitability
EBIT-%5.3 %5.3 %5.1 %8.1 %9.9 %
ROA24.4 %19.6 %19.3 %36.8 %38.8 %
ROE53.9 %37.5 %36.0 %63.9 %60.9 %
ROI66.1 %46.8 %44.8 %77.0 %65.7 %
Economic value added (EVA)10.048.639.0719.7222.97
Solvency
Equity ratio37.2 %42.7 %39.6 %48.9 %47.1 %
Gearing4.7 %4.2 %4.2 %8.2 %36.9 %
Relative net indebtedness %10.8 %8.8 %14.0 %6.8 %1.8 %
Liquidity
Quick ratio1.31.61.51.61.6
Current ratio1.51.71.61.91.8
Cash and cash equivalents10.0615.136.4818.9339.35
Capital use efficiency
Trade debtors turnover (days)46.953.574.849.238.1
Net working capital %7.6 %10.3 %9.5 %11.1 %11.6 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:38.8%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.1%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

Companies in the same industry

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